02/08/2013 01:32 pm ET

3 Tips For Tapping Your Nest Egg

A lot is written about how to build a nest egg, but not as much about taking money out. What advice do you have for withdrawing money from saving once I retire -- M.S., Seattle, Wash.

As baby boomers make the transition from career to retirement, more and more people are grappling with the question you raise: How do you turn the money you've accumulated in 401(k)s, IRAs and other accounts into reliable income that, along with Social Security and any pensions, can support you the rest of your life?

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